The Atlanta Georgian. (Atlanta, GA.) 1906-1907, August 14, 1906, Image 11

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' Tl KS1 > VV MV.il s r ll. n 11 , ! EDITED BY f __ _ “N Ur. I.M, « ~: jMrf r*t»-rl.e.. i j joshphbilively^ THE GEORGIAN’S RECORD OF MARKETS AND .FINANCE ESSBHIg j IE jfew York Market at the Opeiiing Showed a Slight Decline. MARKET ROSE LATER On Good Supporting Orders, Some of Which Were for Outside Account. Br Prlmtp Leased Wire. New York, Aug. 14.—The undertone of the cotton market nt the outlet today ui eurprltluflr ateady In view of the mot nilde*. There teemed to lie good juniHirttnjf order* In the market, some of which «ere for outside neeount. The of. K rine* were quickly absorbed, and with- fire inlnutea the Ion had been fully rm>rcred, nud the market was selling eveu with Inst night** close. Urerponi did not fatly respond to the Mtrr filing In the New \ork umrket* this morning, though the close win at let ter Aft ire* by HP points than /utter* • 9 points lower on tales of 5, 4av» *\,nv York openeil nliout ns duo on Liver- Mil's showing, but the undertone win In favor of a reaction and on sortie good baying price* at midday were slightly bet ter than nt the owning. It Is reported tbnt Price woe a heavy barer, while Mi’Kndden was thought to be ► fling freely. 3flt«>tieli was f^Ieo |cavr seller of Deceml»er. Prop reports nre still the main factor In shaping the course of prices, nud the warket respond! easily to news of nu un- farorable nature, to which can be nttrlb- ottxl the early advance this umrnnlg, ns re port* complain of troll weevil and heavy rains In Texas this morning. The New York Commercial says: -of nil months, August Is the most crlt- leal In the IhV oftlio cotton plant, the ndltion of the -crop having Improved but re during the current month for n score rears, suffering as lunch ns n doterlorn- ...iii of 17.0 iNiluts In August of 1903, almost relocating the performance on sev- end later occnslwns; even In the big crop year of 1904 It havlug lost 7V4 points." spot"cotton market. New York, quiet i .- New Orleans, firm at R>5-16c. Liverpool, quiet at 5.6S<1. Augusta, quiet nt 10*4e. St. Louis, quiet nt 1<%<*. Savannah, quiet nt 10 ll-16c. I'harlesfon. nominal. Memphis, quiet St 10%e. Baltimore, nominal ut lOHc. Oalvcuton. nominal. Boston, quiet ut 10.60c. Norfolk, quiet at lOftc, Mobile, dull at 9*c. LIVERPOOL COTTON MARKET. Tmiwrow. tornls o.65(l: sales sB.OQQ: American 4.800; ipmilnllon nud export WO; receipts 3,000; American 1.030. Futures opened sternly. Opening August August Sept. . , Sept.-Hot. . . . Ort.-Sov. . . . Xoremlier-Drc. , l*w.Jnn isfl.-lVb. . . . Feb.-March. . . . Msrrh-April. . . April-Mny. . . . ('lotted steady. Previous ltangc. Close. Close. . .5.40-5.-19 5.334.39 6.36-5.37 .5.86-5.3a 5.365.36 6.32 .6.39 6.30 6.36-6.27 ...6.20-5.2*6.29 6.24-6.26 .5.23-6.3k 5.29 6.24-6.26 . .5.39-6.29 5.29-6.30 5.25 .5.IW-5.23 5.31 5.28 . .6.32 5.33 5.28 . . 5*34-5.33 5.35 6.30 .5.36-5.31 5.36 5.31 NEWS AND GOSSIP Of the Fleecy Staple. Private Wfr. to Ullwrt it Clay. Jirw Turk. Aiib. lt.-UT.rp.i,l ,t 1JJ3 BJSmiiJOf*"e l.lverlHH.I mill#.: "Market t. checked by some of yesterday's cotton still in market. * ^ huyera*“osterday con tlu tie buying " ,,uut w '°” iuVrv'.’K- h5„ *£ «•, a • .cnwmiuptlnn next year of li.000.00ff bales ‘' offou - llv n, *» “"Id enm of 12.000.oiw bales of American wni ucetled to prevent scarcity. Under such ctrcum- stances, he stated he fcK confident of much higher prices for cotton In the not distant fnfnre. This looks like a sound argument at fhe present level,** Carpctiier Itaggot ft Co. says: "Wi would not faror extreme bearish views In view of the fner that mty tind weattier to retard the movement, or Jnor«s*.<d deterio ration reports might bring ahvut it any time a sudden upward move." The Jqurtui! of Fommcrae says: "The market opened firm. There was less rush to buy than on some days Inst week, but the general demand wna large, especially In lobbing houses. The malls brought many orders to commission houses, and jobbers who made Initial purchases thirty days ago, nnd who are now desirous of taklus the full allotment of goods they did nol care for Iq, the early part of July.** Xnrdnn nud Wilson selling. Wiggins taught 12,000 December nt 9.70, an«l Is still buying. New Orleans. Aug. 14.—Our traveling rep- rcaeutntlve wires: "Troy. Oxnrk. Dothan, crops. Chattahoochee river, On., to TboninsvIUc. On., late. —ng well. Reports of damage ex- nggernted or else crop shows woud.erfu! Ain., good Raluhrldge, hut fruiting nggernted oi r .. Improvement In past two weeks." New York wires that Price Is buylug. Looks like some Idg shorts In New Vo trying to cover. Not much snap. W ■ell market on any further rally. Map again show* general rains eastern and central portions of belt, and light * The spend lug. short i belt. Private Wire to Wore ft Lain .. New York, Aug. 14.—Mrerpnol futures opened quiet 4 up On near and 6 up late. At 12:15 p. in.. 2 to 3 up nnd qu sales 6.000; spots 3 down at 5.65. Futures due about 4 to 5 up. Not much to New York market this morning. Commission houses taught con siderable cotton. Mnrket sets a bit over sold to us. Think Mr. Price Is committed to the bear side. tasldes which there Is a large scattered short Interest ill the mnrket here, nud for the prescut would rather buy cottou on breaks. Cotton mnrket opeued just as axpected on Liverpool cables. Commission houses buy ers. Wiggins and Howard Wilson took blocks or October nnd December. Mnrket looks ns thought It was In an oversold state. It was not easy to buy cotton ves- terdny,. and this morning, as heretofore. Until considerable shorts have covered, would rather buy cotton on weak apots. fihort side entirely too proinlneut at mo- 11 New Orleans. Aug. 14.—Liverpool was due 4tf4Vs ui» on New Orlenns, nnd 4^65^4 up on New York, nnd Is, therefore, not quite up to expectations. — **- “ map show* a great deni the cotton belt, in some localities, the rainfall Is heavy. Receipts of new cotton to date 11,840 at Houston. _ t , , , Receipts nt New Orlenns 289. X new bale. Hutton. New York, wires: ."You can sell cotton at these prices. So rally to mnrket. Will Issue •Glle#* report at noon Net^stock of cotton here Is 14,630 bales, THE WEATHER. TODAY’S PORT RECEIPTS. The following table shows receipts at tbs prit today, compared with tbs tarns day hit jenr: N>w Orleans . Cah^stiMi ... Mol.ll.. Nrnnnnh ... Oiarlrtton .. Wilmington .. Jfwfolk Boston LOCAL FORECAST# WEATHER IN COTTON BELT. RANGE OF NEW YORK STOCK MARKE1 HEBE THE RULE Price Movements During the First Hour Were Irregular. THE SHORTS COVERING There Was Little Commis sion Business—London r, Moderate Buyer. By Private Leased Wire. New York, Aug. 14.—Both In London and In tho early dealings here, the movement of American shares was ex tremely Irregular. The good feeling occasioned by yesterday’s gold Import announcement was not wholly lost, nor were there any developments Jn the money situation today to • warrant i less cheerful view being taken In spec ulative quarters. Sterling: exchange hung close to yesterday’s low' level, and the cash gain of banks at the sub»< treasury on the week was maintained. The uncertainty on the stock exchange seemed wholly due to superficial con dition of the market's own position, much doubt being felt whether, In view of the narrow Interest in the trading prices for many of the leading Issues, had not gone ahead too rapidly. This apparently was the feeling among the majority of active t r *der* this morn ing, and It was encouraged by signs of large realising sales In Southern Pa cific, Union Pacific, St. Paul and one or two other recent popular Issues. These stocks were decidedly heavy during the morning, and further weak ness, for obvious reasons, appeared In Brooklyn Rapid Transit. On the oth er hand, a number of specialties were bid up again, and many of the regular Hat which have had less rise than the leaders held firmly at yesterday's prices. Iu the stock market most storks ad vanced at the opening, Union I’liclfh: mi-1 Pennsylvania gaining >i. Sugar %, Missouri Pad tie* % and Heading, Smelting i rndn Fuel Vk. Canadian Pacific s .. n little lower. Has nnd Northwestern de clined H sud Mt. Paul tt. Price movements (luring the flrat hour ere Irregular, alt hough some brokers fa vored the bnll side, others said there wni a great deal of covering Iu the easily mn nlpiilnted stocks, nud they thought, while some were advanced on orders, long stork was sold la other Issues. The greatest strength was developed In Delaware and Hudson nnd Northwestern. There was lit tle commission business. Loudon bought slmut 16,000 shares. XtualgaiuattMl Cooper American Sugar Reflntug , . . Atlantic Foust Line Anaconda American Locomotive do, preferred.... American Huidtliig Refining.. . do. preferred.... | Atchison do, preferred * American Fottmi Oil... Baltimore and Ohio Brooklyn Rapid Transit..... Fa mulls u Pacific Fhlcngu and Northwestern Fhesaprnke and Ohio Colorado Fuel and Iron Feirtr.il Leather.,... do. preferred........# Chicago and Great Western Chicago. Milwaukee and Mt. Paul Delaware aud Hudson : Distiller’s Hecurltles do,’ preferred’. V.’. 7. General Fleet ric Illinois Central American Ice Hocuritles * Louisville ami Nashville Mexican Central Mlasour! Pacific. .* New York. Ontario and Wtsttm National Land. Northern l’adflc «... New York Central Norfolk and Western Pennsylvania People's Gas Pressed Steel Far do. preferred....*.. Pacific Mall Reading Republic Hteel...«... Rock Island do, preferred. United States Rubber do, preferred... Houthern Pacific Southern Railway do. preferred.. Klosa-Rhefffeld Tennessee Coal sad Iron Texas and Pacific Union l*nelfic United mates Bteel do, preferred Virginia FaroHna Chemical do. preferred Western Union Wulmsh «... - do, preferred Wisconsin Central do. preferred •••••••. Total stock sales today ~to~L200 shares. Open im 167 1«7 1<7 167 !« ;i\ 8% t It'i'*1)1* rev, Ct'aellld [Ct se. NOTES ON GRAIN Pointer, on Prorlilon*. lfuti IMS 13bVs Irtmtr Mir, t.1 \V«r* t l-etand. M'rriin bn, gold of lb# mrn Ihl. mnrmuc. 3u III lie Irtile. It nrnr. II. E. * l\ bar# tnki'ii until lb# M#ptrut- jwr.^Vrliigl# Ju«t lioitiiltl 260,(»J Mar <uru IWHE/ST OPENED DULL AND HEAVY Gf tbs 6,000 ears of wheat shipped August 1 to August U# 4 ... 1,373 ears. New ftrlenus 847 , Gab • 4- ill"* 1 Due to Lower Cables aud ear*. Mllwuukee'aud Chicago 946 ears. HL » i I*aul snd Mlnues noils 4W cars, Mlasissln. Uenerally r a VO nil) 16 nl river rare. New York for export 923 Weather Conditions. — - York for export 923 ears, sud Port Arthur M ears. The Missouri crop report, tm wired by Kins, or Toledo, makes tho wheat crop of the state 36.636.000 bushels. Tho August — irt vJ*. ^ sovermneut uinde the crap rop«»rt of the gov 31.306.000 bushels. Ineroased offer I m 4® I . -Seringa of new wheat st Min- CASH HOUSES SELUKh’S ueniiolls have caused n reduction In the h h preiniiiui of new wheat to arrive to 8|C (»ver Heptcmlwr. The last previous aaio 4as we*k will be The Inst of Itecember ri.ses In the stocks there. For the flrat two days of this week, wheat supplies ut Min neapolis decreased 400.0*) bushels. The export situation yesterday was .do* eldedly discouraging. Bids received bv the local cx|M»rtlng Ju»uscs were ut lower Urn Its than on Huturduy, despite the higher •'lose of this market. The poor demand from abroad wna not confined to wheat. Local flour men said that the export In qulry for Hour was very |hk»t. nnd that they were unable to place nuythlug In foreign Commission Houses Sold Freely—Prices at Close a Full Cent Lower. I'M 164 V* 154V4 reaterUay markets. Private Wire to Glhert k Clay. Chicago, Aug. 14.—Lower rubles enerully brilliant weather leave wl larkot still without any bull lucenth New corn crop futures /telling on a b 1st wo Isrlleve discounts favorable ( nidi t Ions. We continue friendly to oats. The Record-Herald soya: ''Nobody mile me believe that the northwest wl •on Is not n large one," said Adolph G< resterday who hud Just returned fron on days* trip through flint aectlon. Halos cash In Chicago were WS.OOO wb By Private Leased Wire. Chicago. Aug. 14.—Wheat was sgalo low# er, the close showing hisses of ItflV the day. Corn lower. Oats *e up lower. Pruvlslntis 7Hff40c lower. The weakness In wheat affected the other grain markets and the closings were tarn* on the whole. The bulls were lint willing to nlisorb the offerings, while the lienrs threw the horn of plenty wide o|m*b ami prices suffered. The fact that 1 here Is. now In all portions ri <*hlesgo H,Wo.ooi) bushels of wheat. <>f which 7.0$),600 huslie|s iro of contract grade, wjtMo»i>ug h to dr I re scattered kutgs out of the market. Primary receipt* of wheat 606,000 bushels and com 186,000 bushels, compared with 768,«V) and 69,(88) bushels, respectively, a year ago. Clearances for the week 206.000 bushels 49H RANGE OF THE COTTON MARKEt Wheat opened dull with a heavy offerings were moderate with a little lug by HI*tighter. NORTHWEST ^ARS. ...r following figures give the north**!' ears today, Inst week aud laat year: Ust Last Today* Week. Year. Minneapolis ...... Ill HI 70 AT NEW YORK. AT NEW ORLEAN8. i S B l II ■1 tl Ana se-.u: Nov. . . . 1 tec Jan. .... Fab Mch. . . . 9.32 9.41 9.67 : 9.93 9.39 9.49 9M o.ti 9.67 I:?? kii 9.39 9.44 9.67 •:« 9.79 9.31-38 9.41-42 S:g.c 6.89- 70 9.i6-7t ’.I.M Ml 9.89- 90 9.34-39 9.44-46 tin 9.71U S.S1*.’ 9.WW D.90'37 HIM 9.97 9.75 77 9.64 <16 II 10.0t 9.77-78 9.«7-8.» 9.GX.'*s 9.76-1* 9.7*80 9.9)91 LONDON STOCK MARKET. INTERIOR MOVEMENT. The foliowing table shows receipts at the Interior towns today, compared with the nmr Jay last year: M-tunhl* Bt. I.oii|» Unriiinatl ffljrat , t __ U'*m ... ... **”'*”. mo 17 306 179 news from cotton crop. JT#» nrlctmi. Am*. H.—A r#llnl>l# BnMw | IS*-', wlr#.: "t'rop pry#- i I#m fiirnruM#: cotton nbnl'llnic Im.lly * ■ ■ ° l " fruiting* well. Worm, will il« ilamnp. which I. ncrloM,. fonilltlon limn. 1M: Ncwiinn "i n 1 p, ' r ''out off pant ten ilitjm." Tc.xn*—Tyler, elenr nnd hot, Snn An- h ‘ ‘ —rni. lion,ton. lmllna, clear ’VoeuitTreaui Ilnlnf.ll—Urovllle, lliwn- ham. tifilvwton. Iliint.vlllc. Tnylor, truce; t'onlrann, .SO; FI. Worth. -X: llon.ton, .04: Kerrvlllc. .10; Mciln. .SO; Nncotdocheo. .U; l'nlctln#, .02; M'axnhaclile, .68; Menthcr- font. .IS; M'linrlon. .01. Mlwliwliinl-Jlcrlillnn. clear .nil worm: very linrii min ycicrdny; rnlufnll S.76 lin-lic. Yn.oo City, Jnrkwm nml Notch#., clour nml worm. Il.ilchurnt .ml Urmik- li.vcn, dear nml hot. Ore#llwood. d#.r nml iil#«.niit. ... , , AlnlMUM—'uimlllui, portly clontly ami cool. Montgomery, elotnly nml tlircniciilng; eery btini rain jctcnlny. Troy, partly olomly nml piciant. Sdiuo, dumly nml not. Hlr- inlnrunm.#cIon<ty nmt cool; linrii niln yen- tcrilnv. Mobile, imrtly domly nml w»nu. limit.rlllc. douily. tbrmtralnc nml cool; alow rnln yoterthiy. Ucc.tnr, domly .ml raining, ilcoritl rnln y#,..-. ....j ™■ ■ , mill hot; ll.ht rnln In.t nlitht. Amcrlcu,. domly and warm; rain ln,t nl.br. A bnny. partly domly nuil worm; In-nv •howor 5 TcnncMi-#-S.»hclll#, clomly .ml plena- .nt: aprluhlcil Ib.I nl.bt. ... Loul.lann—Shreveport, dear nml hot. WEATHER IN~WHEAT BELT. Extreme Northwest—Fair to dear; 63 to 7) shove; local rain*. North west-Partly elamlr; 66 to 72 above; bowers nt Wllllstoa, H. D. West nnd Southwest-Genernlly dear; 63 ^oSo 0 Valley—Cloudy; 68 to 74 almre; local rnlus. WEATHER CONDH IONS. Unsettled conditions predominate and showers hare occurred over the states south of the Ohio nnd In portions of the south west. Showers have occurred fit scat tered stations Hi *be northern districts of the Rockies also. The following sta- Auncniida.. .. .. .. .. .. .. Atchison #... Cnnwllnti Pacific Chic.. 3111. aud Mt. Paul.. Erie Illinois Central I#oulsvHle snd Nashville.. , Reading Pennsylvania.. Sou them Pacific,. ,i ,. „ *, Union Psiith* United Mtstes Steel. . . . preferred COTTON REGION BULLETIN. STATIONS OF •Atlanta, etouily •Chattanooga, rain Columbus, cloud; « Columbus, cloudy GnlneNVlIle, cloudy Greenville, cloudy Griffin, douily ... •Macon, cloudy Montlcello, cloudy Ncwimn, cloudy I Rome, cloudy Mimrlaiiburg, cJowly .... Taibi|>oosn# cloudy Toccon. cloudy .... West Polut, cloudy * Mliiliiitini temperatures are fur the 12- hour |H>rbsl eudlng at 8 a.tn. this date. £ Received late (wire trouble); not Includ ed la averages. HEAVY RAINFALLS. Newnan. Gn. ... ... ... 2.0) West Point. Gs 1.82 CaiiMk. tin. ... 1.70 Meridian. Miss. "IT Closed steady, GOVERNMENT WEEKLY REPORT ON WEATHER Alabama—The day temperatures were uni formly high. Fair weather prevailed durlug the forepart of the week, the latter part being accompanied with severe thunder storms, and heavy precipitation at scatter- •si points. Unlu I* needed, however. In some middle western and southern coun ties. , Arkansas—The temperature was slightly Indow the normal, and favorable. Light to general showers occurred dally, the rains iHdng. heavy on several dates In the northeastern nnd northwestern counties. Rainfall was below the norma! In some southern counties. Georgia—The weather was fair and warm most of the week. The temperature ranged from 2 to 3 degrees above the normal. The rains were light and scattered, some east ern districts receiving none. Tbs total rainfall was l»clow normal tu nil sections. lAMibdnna—The temperature was about iiormr.1 In the northern portion and slightly nlmve In the southern portion. Showers occurred nearly every day, but the pre cipitation was indow the normal, except **• -altered localities. Tho sunshine was tly Indow normal. islsMlppI—Tlis temperature was about the normal. The rainfall was lr- THE COFFEE MARKET. Sew York, Atig. 14.—The coffee market o|iened steady nt uiiclmngcd price* to decline of 6 points, which was considered a very good showing on tho cables, but weakened anon afterward, and In the early afternoon was nlwut 6 to 10 net lower under a little Eiiro|ieau selling In the absence of aggressive operations for the long neeount. Itecclnts continued lllieral nud there was hnugc Iu Brasilian usws generally.— WARE d LELAND’8 DAILY COTTON LETTER. New York. Aug. 14.—A determined effort *» advance the market was made tmlnr but the attempt did not succeed as well i might Im* expected after so severe a d ellne. Prices advanced rather sharply. 7 8 points nt one time, only to have the en tire recovery lost, and early afternoon prices lower than last night's closing all along the line. The fiet of the matter was there seined to Im* altogether too much cotton for sale, slid professional* who nt tempted to run the market up took large IdiH'ks of cottou sround 9,78c for December that they were unable to find a market later on In the day, Report* from the South continue to show favorable crop progress with the only |H>sslble complaint of n little too much moisture In eertnlu sec tions. But frequent showers fit this sea son of the yrsr have now prevented all npasiblllty of dronght for ocvsral weeks to come nnd the crop la so far advanced now that It will reqnlr — CHICAGO GRAIN MARKET. for today WIIBA^-* H#pt W, 15H 8ti n Me...... »' 7*' W{ 74 TO* Miij.j... m fit* n 7j 8 & 8 fell-8 B S Jan LAIID— Si::: Jsn. ; .._ 7.92^ 10.90 1:8 7.BM «.J7H ft i:! 8 GIBERT A CLAY’S DAILY COTTON LETTER. Glltert ft Clay, Following wt_ ... . close Iu the Nnw York coffee mnrket to day apepfng range and .■■t-ri.iinii. *,i 1’tiomssvllle, Ala. tbMMlwater. Ala. .. Newport, Ark. ... . 1.68 . 1.84 CENTRAL STATION. Adisjmtrb from Wbnrton. Tex., says: ■nmiH-r of prominent Wharton county were In town today and report rj* .JiuT have had too much rain. Ibdj 77 v 'l» are becoming very numerous and ffi*. ' "unWeraMw damage and cotton Is •Riding badly.'* .4i1' ki , 1 ; ir . t - Fahlwell county, Texas, jay*: Jf* Ucht rains of the past few days SY, n '** Interfered mnterlslly with cotton Pf kbig nml the staple fa coming In from H dlrectkuM, The town U full of cottou and rimkI prices are offered." THE^SUGAR MARKET. "LJ^'f.te leased Wire. •.‘I'’ '"rt, Ang. 14.—Local raflu«l snd hj* *"nr steady and nnchnuged. Londc.i f * "I* Vi; August, is; September, 8.10H*I. MEtAL MARKET. \ ’’rtrax; I#^n«l Wit#. *u * ,'" rk - Au *- M—tto ,!#r#htp#<l eon- - dSSI .‘rani rulel nrm, lint un#h*n*#a. “** "“’I .p»lt#f were Reflected. iinim renort one Iim'Ii or more of rnln In !he u.7'?t hmira: Merhllnn. «J: HlrmlUK limn. 2.88: N'ewnnn. (in..2.^0; 'loll I'lnt. l.K; MOntleello. l.»7; Grtfln.. L«: Thonui.- vllle; 1.71; Gooilwnter, Ale.. 7.68. nml Sew- P The Ynemiio h"'. h d’oorennod nt nil ntn- tlnnn rent of 111# llorklen. Th# > rlded rhnnnen hnve •eenrm* v - la ml nml New torn. i.lllle or no rhnnjr. In temiieeni iteciirml except nt a few watte t *The rondltlonn continue fnrornhle foe lo- eel .honor, tonight nml " "■".Tf, 1 ".’;. WEATHER FORECA8T. ileorirln. Kant Florldn. Alalia mn nml Mle- Mnnliipi-Loenl nilnn nml emmet Tneml»j ami 1 We-flle.lnjr: Hnhl varlnhle wlmly. Umlalntm ami Ea«teni Toxnn-fnlr Tnem dnr nml WedD—leg wnnuer Iu the Interior Tnomlny; •••Jtnnjith wlndn. Tneml.. Weniern doridn—iniml minn Tnewin/ and tve.liien.lnr: llebt vnrlnl.le wlndn. Went Texnn-Knlr Tnewlnr nml \\odnem wnnner In north portion TuejOnv. oilnboma. IndUii Territwr nm» Arlmn- „,»_V“lr nnd warmer Toendar; W<-du*a- dar fair nnd cooler. Charleston .. Gahestou .. I.ltlle Hack Memphis .. Mobile .. .. 3 Putt pottery Sew Orlmua Oklnbopin .. Savannah .. Vb-ksbiirg .. Wilmington ■ t Indicates In.nj Inappreciat REMARK Dist. Averages. .48 lirnRfiiT The temperature rewalnu practb-slly sta tionary over the greater tmrtloii of the lielt. Rain Has fallen In all districts except In Oklahoma. Heavy rnln* have occurred In Georgia. Mississippi, Alalmnm uud Arksu- J. B. MARBURY, Station Director. L. J. ANDERSON & CO/S DAILY COTTON LETTER Xew York, An*. 14.—On a varflla _ — - opened Might)/ * fti -Jg. * erjMiol onr market lr ,g J GIBERT & CLAY ALABAMA *T. ATLAUTA OA. &;«*»•#» Kiehan*e.|New OrtJa‘. M t^ten ^W »f Tradj IK la S22 STBSefcM'JBS.nsSllS Uc«l and Long Olitant.’tJiVShw'm S2I*.' * ^ R - FACAN - t.:*nen„. action Is ntrw due. Also ... la felt on ammot of the continuance of rains over the l»elt. especially In Texas, where complaints are Iwgtnulng to be more numerims as to c«h> much moisture and arfirlty among the Imlt weevil. The trade, however. Is still optimistic as tu a Mg yield and are only lorltiied to support prices temporarily for a. reaction and a (letter selling liaals. It will tske same more pronounced Indication #»f damage to the growing crop to change the temper of things to any great degree. Just now the report* Indicate excellent condition* over t^e moat of the Itelt. rml rapM deteafcwa- Law a very Jarg.- yleLL -... uid northern con uric*, and deficient In the central nml western couutles. There I was nmplc sniishlne.B nlmve the normal. The rainfall wna souie< what lielow tho normal, aud not well dis tributed. Oklahoma and Indian Territory—The Weather was coed, cloudy nnd wet front the 6th *lo the 11th. The 12ili and 13th were warmer and elenr. The temperature *v«r- :ed nlmut 3 degrees lielow the normal, rainfall was heavy to excessive over W the whole MK-tlou. Month Farollns—The temperature aver aged nlMire the noriunl, two days being ex. cesslvely ln»t. The precipitation was most ly Itelow the normal, only small areas receiving more than the norinsl. The last two days were cloudy In localities, the rest of tho week affording ample sun shine. Texas-Scattered light to heavy show ers occurred In all parts of the stats. The rainfall was stmve the normal In the north western, northern nnd most of the west ern counties, and also In scattered counties Iu the central nnd southwestern portions. January February.. .. March April luty June July August September....# Octolwr.. ,. , November.. .. December.. .. Closed easy. Opening Itnuge. Close. ... .7.167.20 7.(87.15 ....7.26-7.9) 7.16-7.20 ....7.31 7,26-7.26 . ..7.357.45 7.26-7.* ....7,46-7.60 7.35 7. ‘ y:wr* ?:£?: m ,.7.00 «;*4. ....7.06-7.10 6.90-6. .,..7.10-7.16 7.06-7. to retract the previous -uled steady during the 'losing 6 points higher, while In *|Hits f».o*i I tales were soiq nt 3 {mints lower. Fslde advices were eompsralively scarce. Indicated the receipt of less favorable news. Business was on a smaller scale today, the trade expectant of a further re action. apparently well content to nwsR development* of a more pronounced char acter itefore evincing any marked desire to aid the mnrket. As It Is, the numerous advices of damage through exceoslvn moist ure fall far short of conviction and ars not entirely lw»rne out by the government's weekly weather report, In which Texas •Ilone romnlnlus of Insumrietrt amishluo. hiiVkb— ‘ »rt”'.V tiff* ... Jan.... 7.32% 7.13% FASH WHEAT— So. 2 red 71 £©72%: No. 3 do 71 ©72; o. 2 bard winter 70%©73’, No. S do 7<J 071. , LIVERPOOL GRAIN MARKET. 1; nt 1J0 p. V- cirnnra. nun rmsni uncua * lower. Wheat—Opened ui in. %c lower; eloaed . tWII—Opened umliniufil; was unchanged, and rlosi-d uu changed l 1— normal elsewhere. Leo* rnln and more asm shine needed In uiany counties. Ten nessiH*—Tempera t nre was slightly above normal. Rainfall was generally suf- Hrlont, but In scattered territories more moisture Is needed, laienl showers were more frequent In the western and central counties than Iu the eastern couutles. S0UTHE8N EXCHANGE Oldest Established Office South. COTTON —STOWS BONDS—0MIN Ground Floor Oould Building. Dally mnrket letter nnd market manual mnffed on application. Hie belt was visited by occasional rains, widely scattered slid generally IssneAHsl. |t|idoubtedly some dsmsgs has lieen wrought Iu Texas through Ihe ravages of Insects and more ei|»eeIaMy the weevil, but the fear of dsmsge has In all prolsiblllty wnrited tbs Imagination of observers Into magnifying tbu trac coudltlons. Neverthe- teas, ns long as these fears exist, snd Whether they gre real or Imsgtusry. makes Imt little difference; It Is hardly expected that liearlsh aggressiveness will lie re tried to, while, on the other hand, a r**- filiation of such advices would undoubted- result In lower price levels. PRIMARY MOVEMENT. The following figures show the primary movement of wheat nnd corn: Wheat—Receipts today 900,000 Iratlu'K ngnlnat 706.000 bushel* last year. >Mo menta today 100,000 bushels, against 3’u.- two bushels Inst year. Forn—Beceliifa fiNlay 96.000 bnaficl*. sgalnst ch.ioi biiNhcls laat year. Shii.imiii^ tmlay 630.000 bushels, against 7JO.OUO bnsb.-l* last year. COTTON OIL MARKET. New York, Au*. IL—The market for cot (nu seed oil steady. Near n«IM allowed practically ml chance, nnd trere firmly held, with some storks nnd an ab sence of pressure. Tho weakness In rot- ton Influenced sentiment to some estsnt. snd on the distant deliveries tends to dls- courage buylug. slthotigh lsggrcs*fvc, and spoear ‘ evidence of free offer!j etln r to ho waiting f«r rings of new crap oiL The market at the Hose was qulst with values %•; higher to He lower. I he ■ ii.-a retained were 100 barrels of Amrust nt aud 600 September at !7%«.—Warn ft retHirl Au. August., ,, .. September.. .. • Octitber...,.,. * • November.. .. . Decemtier January Closed steady. Opening. OI. . „..3S ,. . .87 ftJT% \: • • ..3) i-TM-j .. ,.3o m ■..I;;'* Prank llawklna, President. M, Atkinson. V. P. Tm.mnt.C. Erwin. Asst. Fashler. I !i A MfCord, * ii*? h r. ft \V. X9> **ra. Ami Cashier Third National Bank LJ. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent’s Capital $250,000 RCrCRENCC. THC NCAL DANK PHONE !4fT. PRUnCNTIAL BLOG Capital Surplus $200,000.00. $300,000.00. HtoiiMm John w. Grant. mm r, JleFord. r DIRECTOR8: Frank Dawkins. II. M. Atkinson. Joseph A. McCord. J. II. Nunnnlly, J Carroll Payne. K. B Rosser. Dnvhl Woodward. ATLANTA NATIONAL BANK -v ATLANTA. GA. HUBBARD BROS & CO., MERCHANTS C-3 Atlanta Officea, 219-221 Century Bulldinff. v® Membm N'#w Y ork < on..n 1 liaiiK#, N. w Or leans Cotton Excharit#, Liverpool Cotton Asso- clatlon, Chicago Board of Trade. New York Cof fee Exchange, New York Produce Exchange. Bu.lncu iollclted for the above exchangee. Direct wire service. Correspondence invited. Phone* 4M, Long Distance 39. A.S. Huxtac#. Mgr, C. E. CURRIER, President. A. E. THORNTON. Vice-President. H. T. INMAN. VIeePreetdent. QEO. R. DONOVAN, Caehler. JAMES 8. FLOYD, Ase’t Caehler. Capital $500,000.00 Surplus and Undivided Profits 4500,000.00 __ We Solicit Your Patronage. wJ Im Ortrssi. ware: & .rain.Tr"' LELAND HONS, STOCKS, BONDS, CCrTON, GRAIN, PROVfSK Nt. 2 Waff SI., f tiers Baililtg. AUtnft, Gs. miitfc gtm Ytrk Cttlt* Itthttg*. Chlctgt Btsrd tl 7raft. r Crleits Ctt/** [irkstge. Cbm«bi(^Cukl|t ... t C«Op fifb«jr. „ , . . . .. turretet Cette* A net let let. _ Mew Ytrk Ctlltt fnhttge. hiette kites It tew Ytrk, Hew Orient/. Cblcagt. B. C COlHtAk. Matager. Bell these OB. Siaslard nett 286. WU. L PERL PrraldsftL THOfi. J. PEKI*U:8, i BOUT. P. MADDOX. Vies Pros. JA». O. LKMTKlt. MADD0X-RUCKER BANKING CO. CAPI'l'AT $200,000.00 SURPLUS AND PROFITS .... $500,000.00 ACCOUNT • INVITED Wo invito accounts of iitflividiialH, corporatioiin. hanks nnd bankers and oiler the best terms consmtent with conservative banking. In our Savings Department w. allow Interest at tho flat, of 3 1-3 per cent Compounded Semi-Annually. fir rrsLi i